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Subaru (9778) · InitiativeRestated

Transition from live classes in the upper secondary division to the Toshin Satellite Preparatory School franchise

First written in FY2017-Q1. 7 of 12 entries say "Restated". Latest entry: FY2023.

12entries
8years
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ProgressHeldSoftenedWorseAdvancedFY2018RestatedFY2019AdvancedFY2020RestatedFY2021 – FY20232016: 220162017: 420172018: 220182019: 120192020: 120202021: 120212022: 020222023: 12023
Same theme, other companies
Transition of the upper secondary division to operating Tōshin Satellite Preparatory School franchisesA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2023RestatedAnnual report

    「Learning support, including taking satellite lectures and other courses through the Toshin Satellite Preparatory School system provided by Nagase Co., Ltd. Contract date: 29 February 2020. The contract will automatically renew for successive five-year periods, including thereafter, unless either party gives the other written notice of termination no later than one year before the expiry date, which is the last day of February immediately following the completion of five years from the contract date.」

    The company continues to report its contract with Nagase Co., Ltd. for the Toshin Satellite Preparatory School system, including the five-year automatic-renewal provisions, in its full-year disclosure.
  2. FY2021RestatedAnnual report

    「Learning support, including taking satellite lectures and other courses through the Toshin Satellite Preparatory School system provided by Nagase Co., Ltd. Contract date: 29 February 2020. The contract will automatically renew for successive five-year periods, including thereafter, unless either party gives the other written notice of termination no later than one year before the expiry date, which is the last day of February immediately following the completion of five years from the contract date.」

    The company continues to report the five-year automatic-renewal contract with Nagase Co., Ltd. for the Toshin Satellite Preparatory School system, including in its full-year disclosure.
  3. FY2020AdvancedAnnual report

    「Learning support, including taking satellite lectures and other courses through the Toshin Satellite Preparatory School system provided by Nagase Co., Ltd. Contract date: 29 February 2020. The contract will automatically renew for successive five-year periods, including thereafter, unless either party gives the other written notice of termination no later than one year before the expiry date, which is the last day of February immediately following the completion of five years from the contract date.」

    Regarding the existing Toshin Satellite Preparatory School operations, the company disclosed its contract with Nagase Co., Ltd., executed on 29 February 2020, including provisions for automatic renewal in five-year periods.
  4. FY2019RestatedAnnual report

    「The high school segment and individual instruction segment, which operate Toshin Satellite Preparatory School, performed steadily above the previous year's results.」

    The company explained that the high school segment, which operates Toshin Satellite Preparatory School, performed above the previous year's results, and reconfirmed the high school segment's operating model and business development.
  5. FY2018AdvancedAnnual report

    「We converted the Otsuka Individual Instruction Classroom in Miyazaki, Miyazaki Prefecture, into Toshin Satellite Preparatory School to meet the strong demand from high school students.」

    In its Toshin Satellite Preparatory School operations in the high school segment, the company converted the Otsuka Individual Instruction Classroom into Toshin Satellite Preparatory School for high school students.
  6. FY2018-Q3RestatedAnnual report

    「Against this backdrop, to respond to changes in the market environment, at the high school segment, which operates Toshin Satellite Preparatory School, we opened Otsuka School in Miyazaki, Miyazaki Prefecture, as our fifth school.」

    The company has reiterated the opening of Otsuka School as the fifth school in the high school segment's Toshin Satellite Preparatory School operations.
  7. FY2018-Q2RestatedAnnual report

    「Against this backdrop, to respond to changes in the market environment, at the high school segment, which operates Toshin Satellite Preparatory School, we opened Otsuka School in Miyazaki, Miyazaki Prefecture, our fifth school.」

    The company has reiterated the opening of Otsuka School as the fifth school in the high school segment's Toshin Satellite Preparatory School operations, along with steady performance including the newly opened schools.
  8. FY2018-Q1AdvancedAnnual report

    「Against this backdrop, at the high school segment, which operates Toshin Satellite Preparatory School, we opened Otsuka School in Miyazaki, Miyazaki Prefecture, our fifth school.」

    The high school segment, which specializes in operating Toshin Satellite Preparatory School, opened Otsuka School as its fifth school.
  9. FY2017AdvancedAnnual report

    「In addition, in the high school segment, we discontinued the live classes previously held in Kagoshima, Miyazaki, and Miyakonojo and shifted entirely to operating Toshin Satellite Preparatory School franchises, newly adding Kajiki School in Aira, Kagoshima Prefecture, and Miyakonojo School in Miyakonojo, Miyazaki Prefecture.」

    The company reconfirmed the complete shift from live classes to Toshin Satellite Preparatory School franchise operations and explained that Kajiki School and Miyakonojo School had been newly added. The high school segment performed above the previous year's results.
  10. FY2017-Q3RestatedAnnual report

    「In the high school segment, we discontinued the live classes previously offered and shifted entirely to operating Toshin Satellite Preparatory School franchise classrooms.」

    The company has reiterated the discontinuation of live classes in the high school segment and the complete shift to operating Toshin Satellite Preparatory School franchise classrooms. It also explained that the high school segment performed steadily.
  11. FY2017-Q2RestatedAnnual report

    「In the high school segment, we discontinued the live classes previously offered and shifted entirely to operating Toshin Satellite Preparatory School franchise classrooms.」

    The company has reiterated its policy of discontinuing live classes in the high school segment and shifting entirely to operating Toshin Satellite Preparatory School franchise classrooms.
  12. FY2017-Q1First statedAnnual report

    「In the high school segment, we discontinued the live classes previously offered and shifted entirely to operating Toshin Satellite Preparatory School franchise classrooms.」

    The company states that the high school segment's operating model shifted entirely from live classes to franchise classroom operations. It also describes enrollment at Toshin Satellite Preparatory School as having progressed steadily.
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  1. ★This thread
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Transition from live classes in the upper secondary division to the Toshin Satellite Preparatory School franchise | SUBARU CO.,LTD. (9778) | Komori